Business News & Financial News

In Spain 15th October 2025

Trump Threatens Trade Retaliation Against Spain, Accusing It of Being “Very Disrespectful” to NATO

“I think it’s very disrespectful to NATO. I was actually thinking of imposing a trade penalty on them—on Spain—through tariffs for what they did, and I might do it. I think it is incredibly disrespectful” to the Atlantic Alliance, said President Trump yesterday, Tuesday, during a meeting with Argentine President Javier Milei at the White House. Trump insisted that he is “very upset with Spain,” as it is the only…

European politics, In Europe 13th October 2025

Macron reappoints Sébastien Lecornu as Prime Minister for government with little chance of survival

Bankinter | Emmanuel Macron yesterday appointed a new government to be headed once again by Sébastien Lecornu. He made some changes to the Council of Ministers, notably in the Economy and Finance portfolio, with Roland Lescure taking charge of presenting the 2026 budget. The first Council of Ministers meeting will be held tomorrow. Analysis team’s view: Good news, although this new government offers little guarantee of survival. The fragmentation of…

In the World 14th October 2025

China’s trade balance deteriorates in September, but due to 7.4% rise in imports

2025 Bankinter | China’s trade balance deteriorates in September, although due to higher imports. The trade balance is $90.45 billion versus $98.05 billion estimated and $102.3 billion previously. Exports are up 8.3% year-on-year against 6.6% expected and 4.4% previously. Imports are up 7.4% year-on-year against 1.8% expected and 1.3% previously. Analysis team’s view: Although the trade balance is apparently weak, having fallen more than expected, the truth is that this…

“We need to approach negotiations with the U.S. on terms that are completely different from those currently being proposed”

Says Antonio Bonet, president of the Club of Spanish Exporters and Investors. He points out that “Europe has a single tariff applied by all member states, but the U.S. applies a tariff to each country, meaning it can decide that the tariff applied to Spanish black olives is higher than that for Italian olives, as it did at one point. So there is a part of the negotiation between Europe…

“Fifteen years ago, the European economy was larger than that of the U.S. Today, the U.S. economy is one and a half times that of Europe”

“It is a shame that we are able to mobilize economic resources for large-scale projects abroad, but not in our Spanish market”

In an interview with Consejeros magazine, Sacyr’s coordinating advisor, Elena Jiménez de Andrade, explains that now “We have great capacity to win projects, a capacity that until now contrasted with a series of financial limitations and balance sheet size. However, in this strategic cycle, we are going to eliminate those barriers. That is why we have set an ambitious goal for 2033: to triple the value of our assets. We…

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